Techmeme
January 19, 2023, 9:35 PM

Top News

Karissa Bell / Engadget:
Twitter quietly updates its developer agreement with a clause banning third-party clients, after claiming the company was “enforcing long-standing API rules”  —  In case there was any doubt about Twitter's intentions in cutting off the developers of third-party apps …
Anna Nicolaou / Financial Times:
Netflix co-founder Reed Hastings steps down as co-CEO but plans to stay on as executive chair; the company promotes COO Greg Peters to co-CEO with Ted Sarandos  —  Streaming company names new leadership as it looks to reset after ‘tough year’ in 2022  —  Reed Hastings is stepping …
Sarah Whitten / CNBC:
Netflix reports Q4 revenue up 1.9% YoY to $7.85B, $55M net income, down from $607M YoY, 231M paid memberships, adding 7.66M subscribers vs. 4.57M expected  —  - Netflix added 7.66 million paid subscribers during the fourth quarter, more than the 4.57 million Wall Street expected.
Catherine Larkin / Bloomberg:
SEC filing: T-Mobile says a hacker stole data for ~37M customer accounts, including names and addresses, but no passwords, SSNs, or financial information  —  T-Mobile US Inc. said a hacker obtained data for 37 million customer accounts, though it didn't include payment card information or personal identifying numbers.
Bill Toulas / BleepingComputer:
PayPal says hackers accessed the sensitive data of ~35K users, including addresses and social security numbers, in a December 2022 credential stuffing attack  —  PayPal is sending out data breach notifications to thousands of users who had their accounts accessed through credential stuffing attacks that exposed some personal data.
Sarah Perez / TechCrunch:
Instagram rolls out Quiet Mode, which silences notifications, auto-replies to DMs, and informs friends, and plans to prompt teens to enable the feature at night  —  Instagram announced today it's expanding its selection of time management tools with the launch of a new feature called “Quiet Mode.”
The Block:
Crypto lender Nexo agrees to pay $45M in penalties to settle US SEC and state charges for failing to register the offer and sale of its Earn Interest Product  —  - The SEC charged Nexo for failing to register the offer and sale of its crypto asset lending product, called the Earn Interest Product.
Andy Robinson / Video Games Chronicle:
Sony announces the PlayStation VR2's full launch game lineup, including Tetris Effect and 12 other new titles; PSVR games will not be compatible with PSVR 2  —  13 NEW TITLES HAVE BEEN REVEALED FOR THE HEADSET  —  Sony Interactive Entertainment has confirmed the final PlayStation VR 2 launch line-up …
Wall Street Journal:
In his first interview, FTX CEO John Ray III says he set up a task force to explore restarting the exchange, saying customers praised its technology, and more  —  In his first public interview since taking over the failed cryptocurrency exchange, John J. Ray III said that he's open to the idea of rebooting operations
David McCabe / New York Times:
Wall Street Journal:
The Block:
Chainalysis:
Analysis: ransomware attackers received at least $456.8M in 2022, falling ~40% from $765.6M in 2021 and $765M in 2020, as victims increasingly refuse to pay  —  2022 was an impactful year in the fight against ransomware.  Ransomware attackers extorted at least $456.8 million from victims in 2022 …
Sarah Perez / TechCrunch:
Wikimedia updates Wikipedia's design for the first time in over a decade, improving search, accessibility, the table of contents section, and language switching  —  Wikipedia, one of the world's top 10 most visited websites, and a resource used by billions every month, is getting its first makeover on the desktop in over a decade.
Sean Hollister / The Verge:
Google made many mistakes with Stadia but did right by users when shutting down the service, including via full refunds, and other companies should take note  —  Google made a few mistakes with its Stadia cloud gaming service. … Pay attention, rival companies: this is how you shut down a service right.

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Earlier Picks

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Reuters: